$SOL Solana and XRP could launch an ETF in 2025
Standard Chartered Bank predicts that Solana (SOL) and XRP (XRP) may launch their own ETFs by 2025. This is a very positive sign for the prices of SOL and XRP, two cryptocurrencies very popular in the community.
As Ethereum (ETH) ETFs begin to be approved, the community has suggested that SOL and XRP are the next two candidates that could receive ETF approval. This prediction shows that the community has a deep understanding of the market.
The approval of the Ethereum ETF creates a domino effect
The approval of the Ethereum ETF created a domino effect for other altcoins. With the rapid approval of Ethereum ETFs, the community knew it was only a matter of time before these ETFs were officially approved.
As expected, ETH ETFs were approved within a week and the price of ETH, as well as ETH-based cryptocurrencies are all likely to skyrocket in price soon. Once money starts flowing into Ethereum ETE funds, the price increase could be exponential.
Expectations of a strong rally for ETH after the launch of the ETF are reasonable, because Bitcoin (BTC) also experienced explosive growth after the approval of Bitcoin ETFs. This leads to the question of which altcoins will be the next to launch ETFs in the market.